The national Bank supported dollar on the interbank market

on Thursday, the hryvnia on the interbank market again strengthened its position. With declarative quotes when you open 25,56/25, and 58 grn/$, the dollar early in the session fell to the level of 25.50/from 25.52. Due to a significant excess of offers over demand already before lunch quotes crossed the psychological mark of 25.50 and fell to 25,49/25 and 51 with a clear tendency to further decrease. Buyers are clearly prevailed over the sellers and played a decreasing rate.

After a pause, the NBU at 12 o'clock announced the auction for the purchase of surplus currency in the amount of $ 50 million, provided by banks of three competitive bids before 12:15. This move has justified itself. Almost all of the major sellers came to the auction with offers and 12:20, the NBU bought 44 out of 46 of the proposed $ million at cut-off price is not higher 25,5195 UAH/$ (slightly above the rate of 12:00).

the Foreclosure by the national Bank of excess currency at the rate higher than the rate of sales has allowed the bidders to adjust quotes upward – to 25,505/25,525 UAH/$. At this level, the dollar and waited for the end of the auction.

Probably the most customers decided not to risk holding major foreign currency transactions of the second decade of August, so Wednesday and Thursday have held most currency calculations. Such actions have led to record trading volumes last night when it was 638 transactions in the amount of 494,28 $ million, and today – 518 transactions in the amount of 373,60 million $. According to the system of Valkla most of the operations took place in the corridor 25,5054-25,5177 UAH/$.

it is Worth noting that the record statistics of trading environment influenced the location of the Ministry of Finance hard currency bonds in excess of 350 million $. For operations with these papers some banks bought the currency, which increased the trading volume on August 16.